Before I kick things off today, I would like to thank the Betfan leaders for giving me the opportunity and the spot on the Sunday newsletter. I hope the topics I cover can in some way help everyone who reads them make better, more informed decisions with their betting.
So as the title would suggest, the topic I want to cover today is ‘Can You Really Make Your Betting Pay’?
This in some ways is a controversial topic, and as a horse racing advisor I have had to endure many debates and critique from plenty of people who are of the opinion that this is simply not possible. Well I am here to tell you that it is possible, but there are certain aspects of your whole outlook that you may well need to change to make it a reality.
You have probably heard plenty of spiel from so called experts covering those essential factors needed to turn your minuscule bank into thousands in a matter of weeks. Quite frankly that is a load of crap, and I will tell you this for nothing, the betting world is a cruel and punishing place if you have the mindset that you can go from rags to riches with very little work. Most of those guys are selling a wonder system of some kind, and the sad truth is they are just after your money, even sadder is the fact you will more than likely waste a hell of a lot more money following that system and never make anything but a much depleted bank balance.
So what is the magic formula to success I hear you say? The truth is there is no magic formula, but there are certain steps you can take to tilt the odds in your favour.
1. Emotional detachment – Probably the hardest to master, however if you can then you are half way there already. As soon as you place a bet you need to be prepared for the fact that your money is gone and your bet may lose. If you are emotionally attached you are more likely to make rash, uninformed decisions (Chasing Losses) when things don’t go your way, which is the road to ruin.
2. Discipline – This is probably the most important factor, if you have a disciplined approach you will already be ahead of the majority of punters, you will find things easier to rationalise and ultimately you will have a healthier bank balance in the process.
3. Hard work – This goes hand in hand with the above two steps, do not think for one minute you can achieve success without putting in the hours. The bookies are tooled up with a hefty arsenal, and you will need to really be on your game to get the better of them over an extended period of time.
4. Knowledge – Quite frankly there is always something new to learn, keep an open mind and always be prepared to adapt your strategy or incorporate new angles.
All of the above are crucial in my opinion, and although arming yourself with them is no guarantee you will be able to make millions, you will have a significant edge and will likely see your bank increase rather than decrease.
For most of the betting public steps 3 + 4 are the difficult parts, mostly because of lack of time through work and family commitments. If that is indeed the case but you still like the idea of making a few extra quid from betting, then you may consider following someone else’s advice, including a paid service such as mine. However this still needs some work on your part before committing, some very important factors to consider before entrusting your cash are detailed below.
1. Research – Do your homework, scan past results preferably from an independent proofing site, and don’t just jump on the bandwagon. Ask questions if you are not sure on certain aspects of the service, ultimately you are looking for a service that has long term, consistent results which show a reasonable return on investment.
2. Betting Bank – PLEASE, PLEASE, PLEASE set aside an amount of money that is totally separate from all other financial obligations. You need to be able to bet on the advice without relying on the bets winning in order to pay your mortgage, rent, or to buy your food.
3. Staking Plan – You will need to be aware of this in order to decide how best to use your betting bank. There are plenty of weird and wonderful plans out there, but each service should have some form of staking plan on which to base their advice on.
4. Sustainability – This goes hand in hand with steps 2 + 3, you need to account for all aspects of the advice including losing bets or in some cases losing runs. If at all possible you should use past results to ascertain the longest losing run the service has had, and make sure your betting bank can sustain that level of damage. Losing runs do occur, every advice service and indeed Pro Punter on the planet encounters these from time to time, and you simply need to be able to deal with it when it happens.
5. Mindset – You need to be confident you can follow the advice given, most importantly the stakes advised. If you are not mentally prepared to place larger bets when required, you cannot hope to achieve the same results as the person you are paying to steer you in the right direction. The long term goal is quite simply to make a profit after paying out your subscription fees, this does however need to fit into your comfort zone. If you have an adviser who is proven over time, then this should install the confidence required, and eventually you will be able to increase your stakes accordingly and consequently your returns will be far great.
MBR has been on the internet scene for nearly two years now, and what I can say with great confidence, is in that time I have managed to secure some fantastic profits for members of the service. Before joining the ranks of Betfan, I independently proofed selections to gg.com pro tipster league, and quite frankly boasted one of the best return on investment figures of any service. I believe I have also backed that up over the past few months since proofing to Betfan, and although I do not promise that every month will be in the green, I think I can confidently say that over a period of time I can deliver the goods, the past results and figures clearly tell that story. If you are considering taking up betting or joining a service, then I hope you will take some pointers from this email, and should you wish to join me in battle then I would love to welcome you into the fold.
Now that I have bored you to tears, I will attempt to find you a winner from the only remaining UK race meeting for today at Navan.
14:25 Navan – Tharawaat
Big field Irish handicaps are minefields, and this is nothing short of that. However I think there is perhaps a touch of value in this fella at his current price tag given the fact he will have plenty in his favour. A bit of a rogue last season, he ended his campaign with a solid enough 8th place in the Grand National at Aintree. He does however seem best when returning from a break as he is today, having won first time out last season and placing in all three of his other outings after a break of 150 + days. He is currently 3/3 on heavy going, and a previous C+D winner to boot albeit in a weak enough race with just two other opponents back in Feb 2011.
His form line through one of the market principles Like Your Style last year at Galway looks solid enough, our fella won well that day giving nearly a stone in weight to that horse who finished 7 lengths behind in 3rd place. Like Your Style has gone up a further 6lbs since last year’s encounter as has our horse, however our runners rider claims a very handy 7lbs, which in turn puts our fella 7lbs to the good for this encounter yet he is nearly 3 times the price. He hails from the Gordon Elliott yard, who also has Romanesco in the race with Ruby Walsh in the plate. The yard are in fine fettle, and although the booking of Ruby on Romanesco certainly catches the eye, our young claiming jockey has won 3 of her last 5 rides so is also one who is in fine form. The horse has been held in some regard based on some previous mentions by the trainer, and if he is indeed ready to go on his return, there is no reason to think he cannot be competitive in this race.
Not one for big stakes, but a small e/w punt could well prove lucrative.
Tharawaat – small e/w currently 25-1 with Boylesports